Bloomberg returns to Bloomberg

Michael Bloomberg received a warm welcome-home this morning from the chief executive of Bloomberg L.P., the financial information and media company founded by the 71-year-old plutocrat in 1981, reports Joe Pompeo of Capital New York.

Pompeo writes, “In a company memo obtained by Capital, Bloomberg L.P. C.E.O. and former deputy mayor Dan Doctoroff told employees ‘we’ll be seeing more of him at 731 Lexington and our offices around the world. When he’s in New York, Mike will most likely spend a few hours a day working from his new desk on the fifth floor.’

“As first reported by Capital in November, Bloomberg made plans to return to the company, both physically and practically, as he was preparing to leave public office. Sources told us he would focus largely on the opinion offering Bloomberg View and that ‘chairman of Bloomberg View’ was one of the titles being considered.

“But the extent to which Bloomberg will be involved in day-to-day operations is still unclear. Asked for clarification, a spokesperson for Bloomberg declined to comment.”

Read more here. Bloomberg’s desk is on the same floor as Bloomberg View, Bloomberg TV and Bloomberg Radio. Bloomberg News is one floor below.

Chris Roush is the Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Show me the Money," a biography of former Wall Street Journal editor Vermont Royster.